Albany Technical College Announces Three New Funding Options to Support Nursing Students' Housing Costs
Albany, GA – Albany Technical College (ATC) has three new funding options to support nursing students residing in the Living and Learning Community. These opportunities aim to alleviate housing costs and provide financial stability for students pursuing their nursing education. The funding options include the Albany Tech Foundation Housing Scholarship, the Phoebe Putney Health System Work Commitment, and the AB&T Lending Program.
To provide more details about these funding options and the Living and Learning Community, ATC will host information sessions on Tuesday, June 18th (3:00 p.m. - 6:00 p.m.) in the Healthcare Technology Building room 118 and Saturday, July 20th (9:00 a.m. - 2:00 p.m.) in the Kirkland Conference Center on the campus of Albany Technical College.
Albany Tech Foundation Housing Scholarship
To assist with housing costs at the Living and Learning Community, the Albany Tech Foundation will award ten $2,500 scholarships for the 2024-25 academic year. Eligible applicants must be enrolled in ATC's Associate of Science in Nursing (ASN) or Practical Nursing (PN) programs and maintain a minimum GPA of 2.75. The application deadline is July 1st, with notifications sent by July 15th.
"ATC is committed to supporting our students' success both academically and personally," said Dr. Emmett Griswold, President of Albany Technical College. "This scholarship is a testament to our dedication to removing barriers and providing resources that help our students thrive."
Phoebe Putney Health System Work Commitment
Phoebe Putney Health System offers a forgivable loan program covering monthly rent at the Living and Learning Community for eligible nursing students. The loan is forgivable upon full-time employment with Phoebe following graduation. Each month of employment equates to one month of loan forgiveness, ensuring financial relief for those who commit to serving in our healthcare facilities.
“We are proud to partner with ATC to support the next generation of healthcare professionals," stated Scott Steiner, CEO of Phoebe Putney Health System. "This program not only assists students financially but also strengthens our workforce with dedicated and skilled nurses."
AB&T Lending Program
AB&T has developed a loan program specifically for nursing students at ATC. This program provides funding based on housing costs during their enrollment, followed by a structured repayment plan post-graduation. The loan features favorable terms, including a fixed interest rate and the ability to make interest-only payments while in school.
Information Sessions
Dates and Locations:
Tuesday, June 18th (3:00 p.m. - 6:00 p.m.) Healthcare Technology Building Rm 118
Saturday, July 20th (9:00 a.m. - 2:00 p.m.) Kirkland Conference Center
"We are incredibly proud to offer these valuable funding opportunities to our students," said Lisa Stephens, Associate VP of Academic Affairs at ATC. "Securing these resources has been a vital part of our commitment to student success and community partnership."
For more information about the funding options or the information sessions, please contact 229-430-1693.
Here is a link to the apartments that will be available. https://www.phoebehealth.com/next-in-nursing/living-learning-housing